Seriously, I still do not understand why the oil prices keep increasing when all I've reading is that oil production is going up and the US might become an exporter instead of an importer in the years to come.
If you look at the total barrels in production for the US at the start of year 2012, it was 6m barrels. As of March 2014, it is now 8.2m barrels. So why did the oil price keep increasing till now?
Any other reasons other than someone is attempting to manipulating the oil price?
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